Grayce has announced the launch of an ‘AI lab’ to upskill its entire workforce in the fundamental principles of artificial intelligence.
A change and transformation specialist providing high-performing, emerging talent to support some of the world’s largest organisations, Grayce is headquartered in Manchester and London.
In the lab, Grayce analysts undertake a training series where they learn the foundations of AI, from how to write effective prompts, to gaining a deeper understanding of ethics and bias in AI. The organisation has already commenced upskilling all current employees, and intends to complete the training by the end of 2024.
The need for such training was highlighted in recent research by Grayce into perceptions of AI within the C-suite at FTSE 350 businesses. It found 38% of C-suite believe their organisation doesn’t have enough skilled AI professionals, despite the impact of AI being identified as the most critical challenge that businesses will need to adapt to in coming years.
AI prowess is becoming a highly sought-after skill, with a study from the Oxford Internet Institute and the Center for Social Data Science at the University of Copenhagen finding workers with AI skills can command salaries up to 40% higher than those without.
“As we see it, AI adoption is just another change that businesses need to adapt to,” said Miranda Di Rosa, chief development officer at Grayce.
“Transformation projects are where we excel, and in order to stay at the forefront and best support organisations with their change programmes, we must equip our team with the relevant tools and knowledge.
“In an incredibly short timeframe, the world has seen an exponential rise in people turning to AI to support business needs, yet the technology still has many question marks. For example, are people using it effectively; do they understand the ethical implications of inputting data the way they are; and what does this mean when it comes to confidentiality?
“As a result, many are worried about the risks in leaving these questions unanswered.
“Our lab aims to give our Analysts the tools to effectively use AI while also dispelling misconceptions associated with it.
“This not only helps them feel more confident when using it and therefore find reliable opportunities to generate efficiencies, but the businesses we work with also appreciate the extra knowledge they can rely on in our emerging talent.”